3201-3211 Broadway Street, Kansas City, MO 64111

Local realty services provided by:ERA McClain Brothers
3201-3211 Broadway Street,Kansas City, MO 64111
$5,800,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: aaron clemons
Office: clemons real estate llc.
MLS#:2600487
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$5,800,000

About this home

Studios on Broadway presents a unique opportunity to acquire a 72-unit, all-studio multifamily asset in the heart of Midtown Kansas City. Spread across three contiguous 3-story buildings totaling 38,000 SF, the property has undergone extensive capital improvements, including updated copper electrical systems with new 100A panels, full PEX water lines, and PVC drain stacks. All roofs were replaced with TPO systems between 2016 and 2018, and double-pane vinyl windows have been installed throughout. Units average 433 SF and are split between two efficient studio layouts that support lean operations. In-place rents of $786 average trail proven stabilized rents of $837, with no additional improvements needed to bridge the gap. In place NOI of $409K, reflecting a highly efficient cost structure of just $4,056 per unit. Individual electric metering, gas hot water, and updated infrastructure make this a reliable, low-touch asset. At $80,556 per unit, Studios on Broadway offers investors a

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Home facts

  • Year built:1921
  • Listing ID #:2600487
  • Added:7 day(s) ago
  • Updated:February 12, 2026 at 08:33 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1921

Utilities

  • Water:City/Public - Verify
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,800,000
MLS LogoBay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data <Last Updated February 11, 2026

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